Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (2565)	4/27/1997 9:44:00 PM
From: Hank	of 4342

Robin, Regardless of what Rhodes has up his sleeve, it doesn't seem logical for him to drive the price down intentionally. After all, he already owns over 700,000 shares. He could have just as easily kept Babish, Campbell, and Koch onboard and waited for the price to rise to the $4 level again once AndroVir was launched. Then he would have been a millionaire several times over. Even at the 50 cent level he would have to shell out at least a million dollars out of his own pocket just to acheive the same effect once the price crossed back over the dollar mark. I don't know whatelse PRLN could announce in the near term that would drive the price down any further short of bankruptcy. Then the stock may get cheaper but how will Rhodes ever orchastrate a rebound from that? No, the price seems to be holding at the 50 cent level and Rhodes has something else in mind. I know if I had 700,000 shares I'd be trying my best to find ways to increase stock value. We can only assume that Rhodes has the same thing in mind but it will be interesting to see just what the "plan" really is. As for a stock holders meeting, I doubt we'll get one unless they really do announce new management soon. Hank

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